Institutions do matter. Property rights protection, the quality of the legal system, the development of the financial …

regulatory instruments, it is also concerned with the quality of supporting regulatory institutions and capacity. Many of the … institutions that support markets are publicly provided and the effectiveness of these regulatory institutions can be expected to … be an important determinant of how well markets function. This paper explores the role of regulation in affecting …

rights to provide services and restrictive regulation hindered competition in professional services. Growing awareness of the …Insufficient competition remains a major obstacle to growth in Italy. The main culprits include the institutional …, regulation was satisfactory only in some sectors. The excessive number of activities in which some operators enjoyed exclusive …

This paper uses data from 20 OECD countries to investigate the impact of welfare state institutions (especially … empirically. It shows that the impact of welfare state institutions is not as clear-cut as the deregulationists' view suggests … welfare state institutions are manifold but the most important reason is the complexity of the impacts. There are many side …